Anchal Dhir

She has extensive experience in advising large Indian groups, Global corporations, and Private Equity clients on complex transactions. She regularly advises listed companies, their sponsors, acquirers and investors on a broad range of transactions including control acquisitions and exits, PIPE deals, corporate restructurings and joint ventures.

Given her extensive experience of advising various stakeholders in the listed space, Anchal is an integral part of the Firm’s corporate governance initiatives and advisory practice and regularly advises boards on corporate governance and crisis management.

Anchal is regularly involved in the Firms engagements on M&A, Takeovers and Corporate Governance with the securities regulator, SEBI. In 2023-24, she assisted the Industry Standards Forum, set up by SEBI, on revisions and issuance of guidance notes regarding important disclosure issues as well as the rumour verification framework. She was also part of the drafting team that assisted the SEBI Committee on Corporate Governance, under the Chairmanship of Mr. Uday Kotak in preparation and finalisation of the Committee Report.

• Bain Capital, on acquisition of controlling stake in Manappuram Finance
• IndoStar Capital Finance, a Brookfield portfolio company, on sale of IndoStar Home Finance to EQT
• Advised founders on exit from GeBBS Healthcare Solutions and sale to EQT
• Sale of Roop Automotives to Carlyle
• Kedaara Capital and Partners Group, on exit from Aavas Financiers Limited pursuant to acquisition by CVC Capital Partners.
• Johnson Controls International plc, on sale of HVAC Business to Bosch Group.
• Amphenol Corporation, on global acquisition of the CommScope Group’s mobile network business.
• Adani Group, on its acquisition of Ambuja Cements and ACC from Holcim.
• Burger King India, an Everstone portfolio company, on acquisition of Burger King Indonesia.
• Tata Group, on acquisition of the Government shareholding in Tata Communications Limited.
• IndoStar Capital Finance, on acquisition of controlling interest by Brookfield.
• Gardner Denver Holdings Inc., on acquisition of Ingersoll-Rand (India) Limited pursuant to acquirer’s merger with the industrial segment of Ingersoll Rand.
• True North, on acquisition of a controlling stake in Shree Digvijay Cements Limited.
• Reliance Industries and Reliance Jio, on acquisition of a controlling stake in Hathway Cable and Datacom Limited.
• Kraft Heinz, on sale of its India business to Zydus Wellness.
• The Procter & Gamble Company, on acquisition of controlling interest in Merck Limited as part of global acquisition of Consumer Health Business of Merck KGaA, Darmstadt, Germany.
• Bank of America-Merrill Lynch Limited and Credit Suisse, merchant bankers to Bayer Aktiengesellschaft, on the tender offer made to the shareholders of Monsanto India Limited.
• Sale of Essar Oil Limited to a consortium of OJSC Rosneft Oil Company, Trafigura and United Capital Partners.

• ‘Key Lawyer’ for Corporate and M&A practice at the Legal500 rankings for 2025
• ‘Notable Practitioner’ for M&A, IFLR1000 2019 – 2025

• Bar Council of Maharashtra and Goa, India